Research On The Support Of Green Finance For The Development Of Rural Industrial Integration

The integration of rural industry is an important way to transform the rural green and to activate the inherent vitality of the rural development of agriculture.It is of great significance to expand the multi-function of the agriculture and to promote the increase of the farmers' income.The way of integration and development of rural industry has become the main focus.The core of the integration of rural industry is to develop a variety of functions and values of agriculture,extend the industrial chain,create a supply chain and foster a new business state,and whatever form of integration is built on the local natural and human landscape,This requires green finance to play its due orientation and support role.Therefore,on the basis of the green financial angle,this paper explores how the green finance can better promote the agricultural development of the rural industry and provide the sustainable development power.This paper first collates the relevant research literature at home and abroad,combs the connotation of agricultural industry integration and rural green finance,and expounds the green finance through the formation of funds and credit catalysis,capital orientation,risk dispersion,industrial organic integration.The mechanism of information disclosure and other mechanisms to promote the integration and development of agricultural industry.Secondly,from the aspects of green credit,green bonds,green insurance and so on,this paper analyzes the present situation of green finance supporting the integration of rural industries,and finds that it is targeted in financing channels and rural green financial products.There are deficiencies in risk sharing mechanism and related infrastructure.Then,this paper uses principal component analysis to quantify the development of agricultural industry integration in Beijing.VAR The impulse response function and variance decomposition method of the model analyze the relationship between the development of rural industrial integration and green finance.The results show that although green credit has a certain positive impact on rural industrial integration,the effect needs to be improved,and there is no sustained long-term impact mechanism.Finally,this paper points out the corresponding countermeasures from three aspects:strengthening government guidance,enriching the green financial system and product innovation,and improving the risk sharing mechanism.